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NEW QUESTION 29
When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.

  • A. When an account has a zero balance
  • B. When an account is required for clearing
  • C. When an account is set up as a cost element
  • D. When an account is used as a reconciliation account

Answer: A,B

 

NEW QUESTION 30
General Ledger Accounting
“You are getting ready to post your first simple general ledger document using the SAP fiori app for posting in a test environment.
What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this question. “

  • A. Line item text templates must be maintained.
  • B. Number range and document types must be maintained.
  • C. The posting period variant must be created and assigned.
  • D. User must be assined to a tolerance group.

Answer: B,C

 

NEW QUESTION 31
Financial Closing
After you collected data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?

  • A. 1. Present reconciled and non-reconciled data
    2. Post the correction documents
    3. Store the data
    4. Communicate difference
  • B. 1. Store the data
    2. Present reconciled and non-reconciled data
    3. Communicate difference
    4. Post the correction documents
  • C. 1. Post the correction documents
    2. Store the data
    3. Present reconciled and non-reconciled data
    4. Communicate difference
  • D. 1. Store the data
    2. Present reconciled and non-reconciled data
    3. Post the correction documents
    4. Communicate difference

Answer: B

 

NEW QUESTION 32
Asset Accounting
Which date is used to determine the depreciation start date?

  • A. Asset value date
  • B. Baseline date
  • C. Posting date
  • D. Document date

Answer: A

 

NEW QUESTION 33
……

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